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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Vernon, CT
$ 259,000
ROI
29.9
Cash Flow/m
733- 2 Bed
- 2 Bath
- 1198 sft
80 Country Lane APT 40, Vernon, CT, 06066
Fix & Flip
$ 134,900
ROI
22.4Cash Flow/m
100- 1 Bed
- 1 Bath
- 902 sft
85 Old Town Road #52, Vernon, CT, 06066
$ 120,000
ROI
22.8Cash Flow/m
103- 1 Bed
- 1 Bath
- 793 sft
565 Talcottville Road APT 1C4, Vernon, CT, 06066
Rental Income
$ 135,000
ROI
36.7Cash Flow/m
638- 1 Bed
- 1 Bath
- 793 sft
565 Talcottville Road APT 3C5, Vernon, CT, 06066
Why Invest in Vernon, Connecticut?
Investing in condos in Connecticut can provide stable returns, particularly given the state's diverse economy. With a rental yield of approximately 6% and an average cash flow of $1,200 per month, many investors find this market attractive. Furthermore, the appreciation rate for condos is expected to stay positive as suburban living remains in demand.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Rental prices for condos in Connecticut typically average around $1,800 per month, depending on the specific location and amenities. This can vary considerably based on market trends and demand in particular neighborhoods.
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